Thursday, Italian research institute ISAE reported that the confidence indicator for the service sector rose to 7 in August from minus 8 in July. The July reading was the weakest since January 2003.
Separately, the ISAE said confidence in the retail trade sector rose to 106.5 from 98.5 in July. According to the ISAE, the July reading was the lowest since May 2005.
In the construction sector, the thin-tank said confidence rose to 86 from 83.2.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.